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The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [16] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar , and bananas .
The effect of industrialisation shown by rising income levels in the 19th century, including gross national product at purchasing power parity per capita between 1750 and 1900 in 1990 U.S. dollars for the First World, including Western Europe, United States, Canada and Japan, and Third World nations of Europe, Southern Asia, Africa, and Latin America [1] The effect of industrialisation is also ...
By international standards, minerals most valuable on the international market are found in Cuba, Jamaica, and Trinidad and Tobago.Several nations of the Caribbean are rich in natural resources; including Trinidad's vast natural gas and oil reserves, Jamaican bauxite and most recently the discovery of a large oil field in Guyana.
The overall goal is to make Jamaica a significant player in the arena of information technology. [4] In 2009, Jamaica launched Vision 2030, a national development plan that aims to put Jamaica in a position to achieve developed country status by 2030. National Outcome 11 is a "Technology-Enabled Society", to create a more prosperous economy.
The United States is Jamaica's most important trading partner: bilateral trade in goods in 2005 was over $2 billion. Jamaica is a popular destination for American tourists; more than 1.2 million Americans visited in 2006. In addition, some 10,000 American citizens, including many dual-nationals born on the island, permanently reside in Jamaica.
Jamaica is an island country in the Caribbean. The country had a population of 2,825,352 as of 2023, having the fourth largest population in the region. Jamaica's annual population growth rate stood at 0.08% in 2022. As of 2023, 68.9% of Jamaicans were Christians in 2011, predominantly Protestant.
Rose Hall sugar plantation house, Jamaica Warrens Great House, St. Michael, Barbados Sugar plantation in the British colony of Antigua, 1823. Sugar plantations in the Caribbean were a major part of the economy of the islands in the 18th, 19th, and 20th centuries. Most Caribbean islands were covered with sugar cane fields and mills for refining ...
In the late 20th and early 21st century close to a million [8] Jamaicans have emigrated, especially to the United States, the United Kingdom, and Canada.Though this emigration appears to have been tapering off somewhat in recent years, the great number of Jamaicans living abroad has become known as the "Jamaican diaspora".